SRS Capital Advisors Inc. Decreases Stock Position in Vail Resorts, Inc. (NYSE:MTN)

SRS Capital Advisors Inc. cut its stake in Vail Resorts, Inc. (NYSE:MTN) by 9.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 721 shares of the company’s stock after selling 79 shares during the quarter. SRS Capital Advisors Inc.’s holdings in Vail Resorts were worth $135,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Alberta Investment Management Corp bought a new stake in shares of Vail Resorts in the 4th quarter worth about $3,134,000. Western Pacific Wealth Management LP purchased a new position in shares of Vail Resorts during the fourth quarter valued at approximately $291,000. Stifel Financial Corp grew its stake in shares of Vail Resorts by 47.6% during the third quarter. Stifel Financial Corp now owns 21,131 shares of the company’s stock valued at $3,683,000 after buying an additional 6,816 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Vail Resorts by 17.6% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 27,232 shares of the company’s stock valued at $5,187,000 after buying an additional 4,080 shares during the last quarter. Finally, Mutual of America Capital Management LLC raised its holdings in shares of Vail Resorts by 146.9% in the fourth quarter. Mutual of America Capital Management LLC now owns 133,082 shares of the company’s stock worth $24,946,000 after buying an additional 79,183 shares during the period. 94.94% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

MTN has been the topic of several research analyst reports. StockNews.com raised Vail Resorts from a “sell” rating to a “hold” rating in a research report on Friday, December 13th. JPMorgan Chase & Co. cut their price target on shares of Vail Resorts from $176.00 to $166.00 and set an “underweight” rating on the stock in a report on Friday, January 17th. Mizuho raised their price target on shares of Vail Resorts from $222.00 to $227.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 10th. Stifel Nicolaus boosted their price objective on shares of Vail Resorts from $216.00 to $217.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th. Finally, Truist Financial reduced their target price on shares of Vail Resorts from $250.00 to $247.00 and set a “buy” rating on the stock in a research report on Tuesday, December 10th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Vail Resorts has an average rating of “Hold” and a consensus target price of $204.50.

Vail Resorts Stock Up 1.2 %

Vail Resorts stock opened at $157.78 on Thursday. The company has a quick ratio of 0.51, a current ratio of 0.63 and a debt-to-equity ratio of 3.64. The firm has a market cap of $5.91 billion, a P/E ratio of 26.21, a P/E/G ratio of 1.93 and a beta of 1.12. The business has a fifty day moving average of $171.64 and a two-hundred day moving average of $176.60. Vail Resorts, Inc. has a twelve month low of $153.51 and a twelve month high of $235.81.

Vail Resorts (NYSE:MTN) last issued its quarterly earnings data on Monday, December 9th. The company reported ($4.61) earnings per share for the quarter, topping analysts’ consensus estimates of ($4.99) by $0.38. Vail Resorts had a return on equity of 21.90% and a net margin of 8.07%. The firm had revenue of $260.28 million during the quarter, compared to analysts’ expectations of $251.45 million. During the same period in the prior year, the business posted ($4.60) EPS. The firm’s quarterly revenue was up .7% on a year-over-year basis. On average, analysts forecast that Vail Resorts, Inc. will post 7.62 earnings per share for the current fiscal year.

Vail Resorts Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Thursday, December 26th were issued a $2.22 dividend. This represents a $8.88 dividend on an annualized basis and a dividend yield of 5.63%. The ex-dividend date was Thursday, December 26th. Vail Resorts’s dividend payout ratio is currently 147.51%.

Vail Resorts Company Profile

Vail Resorts, Inc, through its subsidiaries, operates mountain resorts and regional ski areas in the United States. It operates through three segments: Mountain, Lodging, and Real Estate. The Mountain segment operates 41 destination mountain resorts and regional ski areas. This segment is also involved in the ancillary activities, including ski school, dining, and retail/rental operations, as well as real estate brokerage activities.